Opening value of the dollar in Panama on March 6th from USD to PAB

• 13 March, 26

The US dollar opened trading at an average of 1 balboa, a 2.29% change from the previous session’s rate of 0.98 balboa, Dow Jones reports. In the last week, the US dollar has registered slight changes; despite this, it still maintains a rise of 2.33% over the last year.

Compared to previous dates, this figure halts the negative trend of the two preceding trading days. The volatility over these seven days is higher than the volatility shown in the figures for the last year, indicating greater fluctuations than the overall trend of the stock.

Parity with the dollar strengthens Panama’s economic stability towards 2026

Panama projects GDP growth of nearly 4% by 2026, driven by sectors such as logistics, banking, tourism, construction, and the Panama Canal, according to real estate agency Casa Solution. Panama’s role as a global services hub is underpinned by its strategic geographic location and, especially, its dollarized economy.

Monetary stability, derived from the use of the US dollar as the official currency, eliminates exchange rate risk and protects the country against inflationary risks that affect other markets in the region. By 2026, the Panamanian balboa (PAB) is expected to maintain its historical 1:1 parity with the US dollar.

The external context shows better prospects, with less volatility in international trade , favorable financing conditions and the diminishing impact of recent shocks, such as the drought and the temporary suspension of the copper mine, according to the UBS report.

The performance of Panamanian dollar-denominated bonds in 2025 was above 24%, significantly outperforming other emerging market assets , according to data from the same financial institution. The outlook for 2026 is more balanced, although Panama continues to offer attractive yield spreads compared to US bonds, accompanied by specific risks related to fiscal policy and the political situation.

Among the main risks identified for the year are a potential fiscal deterioration and an increase in public debt that could threaten the country’s investment grade rating, persistent political and governance challenges, and the outcome of critical litigation and contractual settlements. These factors are compounded by the possibility of external shocks related to the global economy, US trade policy, or extreme events that could affect demand for services and capital flows.

Cre: infobae.com